Jackson Wealth Management LLC Trims Position in Invesco S&P 500 Quality ETF $SPHQ

Jackson Wealth Management LLC decreased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 96.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,534 shares of the company’s stock after selling 142,060 shares during the quarter. Jackson Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $499,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SPHQ. Pinnacle Wealth Management Advisory Group LLC increased its position in shares of Invesco S&P 500 Quality ETF by 4.5% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock valued at $238,000 after purchasing an additional 136 shares during the last quarter. Compound Planning Inc. grew its position in Invesco S&P 500 Quality ETF by 1.0% during the fourth quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock valued at $1,092,000 after buying an additional 138 shares during the period. World Investment Advisors increased its holdings in Invesco S&P 500 Quality ETF by 0.6% during the first quarter. World Investment Advisors now owns 24,754 shares of the company’s stock valued at $1,861,000 after buying an additional 142 shares during the last quarter. Brighton Jones LLC increased its holdings in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares during the last quarter. Finally, GHP Investment Advisors Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 0.5% during the 1st quarter. GHP Investment Advisors Inc. now owns 29,891 shares of the company’s stock worth $2,247,000 after acquiring an additional 153 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $85.40 on Tuesday. Invesco S&P 500 Quality ETF has a 1 year low of $71.40 and a 1 year high of $90.36. The firm has a fifty day moving average price of $86.41 and a 200-day moving average price of $82.83. The company has a market cap of $19.61 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91.

About Invesco S&P 500 Quality ETF

The Invesco S&P 500 Quality ETF (SPHQ) is an exchange-traded fund that is based on the S&P 500 Quality index. The fund tracks an index of US large-cap stocks selected by return on equity, changes in net operating assets and financial leverage. Stocks are weighted by these quality factors, scaled by market cap. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.